Question
The settlement of which of the following instruments is
facilitated by Clearing Corporation of India Limited (CCIL)?Solution
CCIL is a Central Counterparty (CCP) which was set up in April 2001 to provide clearing and settlement for transactions in Government securities, foreign exchange and money markets in the country. CCIL acts as a central counterparty in various segments of the financial markets regulated by the RBI viz. the government securities segment, collateralised borrowing and lending obligations (CBLO) - a money market instrument, USD-INR and forex forward segments. Moreover, CCIL provides non-guaranteed settlement in the rupee denominated interest rate derivatives like Interest Rate Swaps/Forward Rate Agreement market.
The court may compel attendance of any person to whom a summons has been issued, for this purpose a maximum fine can be imposed to the tune of-
Article 12 of the Constitution of India defines State to include____________
When is there an abuse of dominant position as per the Competition Act?
For the purpose of examination of a person, a court can issue commission to -
A person who occupies the position of surety as well as agent is called as:
According to the Civil Procedure Code, how many days/months notice must be given before suing the government or a public officer?
Public servants are covered under which section of IPC?
The Act allows withdrawal of consent:
What does a "Government company" mean as per the Companies Act?
When a suit for compensation has to be filed by A for wrong done to his movable property by B in Calcutta, A and B both reside in Delhi. Where can the p...
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